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Jan 14, 2013
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dan, what's your take on this dell story? >> i mean, i think it's something that's been talked about for awhile. you can go back to actually 2010 in june and michael was at a conference and somebody asked him do you ever think about taking your company private? and the answer was yes. there's been this talk for a long time. was one of the ten worst performing stocks in the s&p last year. it was one of the top ten cheapest though. if you're looking at it from that perspective, the timing seems to make sense. >> so let me ask you, shaw, what you think. how would shareholders work out in this deal? >> well, you know, i agree with dan that this rumor's been going around for awhile. but i think the biggest problem is that the size of dell. you look at the stock today. it's -- the market cap's now $21 billion. so in the takeout, it would have to be a premium to that. possibly $30 billion. that's a lot of capital to raise. a lot of debt financing. so we think because of the size of this deal the likelihood of it happening is not lik
dan, what's your take on this dell story? >> i mean, i think it's something that's been talked about for awhile. you can go back to actually 2010 in june and michael was at a conference and somebody asked him do you ever think about taking your company private? and the answer was yes. there's been this talk for a long time. was one of the ten worst performing stocks in the s&p last year. it was one of the top ten cheapest though. if you're looking at it from that perspective, the...
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Jan 16, 2013
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how dan they get the white house back and the u.s. senate back. i'm going to talk about conservative principles. what we need to do. is take this to the american people and showcase successes all over our country. you have 25 states now that are doing thing that is are working for their citizens. states like michigan that are passing freedom to work. we see conservative principles worki ining everywhere and we w to do everything that we can to bring that to light. i think that is the only way we are going to win more national elections if people see that these ideas are working. where do you think the republican party lost out on conservative principles. what do they miss and what are you going to advocate at heritage? >> in 2010, you see the conservative grass roots a activists got involved. they retook the house and it had little to do with the republican party and it had everything to do with the grass roots activists speaking out. in 2012 it was the republican election and the grass roots were gone. they weren't embraced by the establishment.
how dan they get the white house back and the u.s. senate back. i'm going to talk about conservative principles. what we need to do. is take this to the american people and showcase successes all over our country. you have 25 states now that are doing thing that is are working for their citizens. states like michigan that are passing freedom to work. we see conservative principles worki ining everywhere and we w to do everything that we can to bring that to light. i think that is the only way...
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Jan 17, 2013
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my friend dan dickert, knows refining stocks better than anyone likes this one. i trust him. i think that's for you. any given take, the market is capable of pullback. but bullish backs are given the bears a pretty hard time and making it a pretty tough time for those who are trying to make a bearish bet. "mad money" back after the break. >>> coming up, job opportunity? economic optimism is hoping to tick down unemployment across the country. but as payrolls rise, so do the stocks of stepping companies. be careful. not all of these recruiters are cut from the same cloth. cramer identifies the right candidate, next. >>> and, later, herbal cure? some of the street's most recognizable money managers are engaged in an all-out wary shares of herbalife, as this plays out in the limelight, are investors missing a more profitable picture occurring backstage? stick around. >>> don't miss a second. tweet us at #madtweets, or give us a call at 1-800-743 life cnbc. miss something? head to madmoney.cnbc.com. >>> last week i introduced you to my top ten themes for 2013. and tonight i want
my friend dan dickert, knows refining stocks better than anyone likes this one. i trust him. i think that's for you. any given take, the market is capable of pullback. but bullish backs are given the bears a pretty hard time and making it a pretty tough time for those who are trying to make a bearish bet. "mad money" back after the break. >>> coming up, job opportunity? economic optimism is hoping to tick down unemployment across the country. but as payrolls rise, so do the...
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Jan 16, 2013
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first up, dan said to keep an eye on yahoo!. take a listen. >> the mighty goldman sachs reinitiated the stock with a buy of $22, 12-month price target. they say the sum of the parts is much greater. i actually agree. implied volatility is cheap. >> good call. shares of yahoo! jumped 29% since september. so, what do you do? >> yeah, this is a stock-specific story here. a lot of things going on. they have new management in there. they are making a lot of changes and just as recently as the other day, yesterday, actually, there's some news that ali baba may go public, which will help them monetize that stake. it was sum of the parts thing, so -- >> go on. >> you have to take a pause at 20. see what the q-4 earnings look like. >> now, onto the ugly. on the day that cisco reported its fourth quarter earnings, dan made a bearish prediction. here's what he said. >> they guided forward in line. they said, europe is weak and going to be weak for some time. they said china and asia is actually okay. i'd question that a little bit and we k
first up, dan said to keep an eye on yahoo!. take a listen. >> the mighty goldman sachs reinitiated the stock with a buy of $22, 12-month price target. they say the sum of the parts is much greater. i actually agree. implied volatility is cheap. >> good call. shares of yahoo! jumped 29% since september. so, what do you do? >> yeah, this is a stock-specific story here. a lot of things going on. they have new management in there. they are making a lot of changes and just as...
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Jan 15, 2013
01/13
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dan, thanks. >> "squawk box" up next. >> we'll be back tomorrow. what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office.
dan, thanks. >> "squawk box" up next. >> we'll be back tomorrow. what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office.
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Jan 18, 2013
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just ask our next guest, dan rosenswe rosensweig. a full-service operation for students, matches them with colleges, scholarships and advisers that have ambitions to be the go-to network for college students. what was wrong with just representing textbooks, dan? why this move into a broader context, a platform that you're creating? >> it's a very good question. it's a much bigger opportunity. i think when we took over the business three years ago, it was clear that print textbooks in the rental model wouldn't be around forever. the world increasingly goes digital and students would be using many more education resources, and using textbooks and new technologies that come out. it's about nobody up to this point has focused on putting the student first. so chegg has taken the position that our goal is to give the students what they need, our mission is to save them time, save them money, get them smarter. the education process is really difficult. it's really fragmented. i have two daughters, rachel and samantha, and one went through t
just ask our next guest, dan rosenswe rosensweig. a full-service operation for students, matches them with colleges, scholarships and advisers that have ambitions to be the go-to network for college students. what was wrong with just representing textbooks, dan? why this move into a broader context, a platform that you're creating? >> it's a very good question. it's a much bigger opportunity. i think when we took over the business three years ago, it was clear that print textbooks in the...
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Jan 15, 2013
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joining us is our private ek wit at the expert from boston dan. >> good morning. >> so this would be a huge, huge 20 plus billion dollar transaction. do you think it can actually happen in this environment? >> no, i don't. now, never say never. stranger things have happened. you've got pension funds, maybe a big sovereign wealth fund comes in. but you'd have to be talking about gst 23 billion, maybe $25 billion deal altogether and i know that dell's got a lot of cash on the books that can kind of help take some of the risk off for the bankers who would have to provide the leveraged financing here. but not enough. a lot of that cash is held overseas so you'd have the big tax implication. it seems a little too big. i talked to a private equity investor yesterday not at tpg or silver lake and he said this is a real, real stretch to get done. >> we're talking about a market cap somewhere in terms of, with a premium in success of sst 20 billion. i don't know what number you want to put on that. you have about $11 billion that you said in cash, but you've got to bring some of that and repa
joining us is our private ek wit at the expert from boston dan. >> good morning. >> so this would be a huge, huge 20 plus billion dollar transaction. do you think it can actually happen in this environment? >> no, i don't. now, never say never. stranger things have happened. you've got pension funds, maybe a big sovereign wealth fund comes in. but you'd have to be talking about gst 23 billion, maybe $25 billion deal altogether and i know that dell's got a lot of cash on the...
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Jan 15, 2013
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dan? >> yeah. absolutely. price targets in my opinion are talking points for what you think the value of the stock is, what the opportunity for the stock is. so yeah, to use the point, $900 valuation, you know, clearly that's not the direction other analysts are going right now. not the direction this market wants to go right now. but that's the direction this company's earnings are pointing to. all the hype happening in the last few weeks on apple is centered around the supply chain. none of it is demand. every demand that we see for apple products is very strong. there are areas of weakness in europe, smartphone penetration in the u.s. the market overall in the u.s. is -- not all the points are positive, but generally it's good. >> if you're saying demand is good, but the orders of components for the product for which demand is strong are down, something's got to give here. are you saying that those channel checks aren't accurate? >> no, i am saying that. i would say three things about the research. first an
dan? >> yeah. absolutely. price targets in my opinion are talking points for what you think the value of the stock is, what the opportunity for the stock is. so yeah, to use the point, $900 valuation, you know, clearly that's not the direction other analysts are going right now. not the direction this market wants to go right now. but that's the direction this company's earnings are pointing to. all the hype happening in the last few weeks on apple is centered around the supply chain....
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Jan 18, 2013
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and i think we're doing a lot of the things that -- the reason dan has come in the stock to the best of my knowledge is he believes the company is on turnaround and he was excited about it. we have -- our board since i joined the board three years ago and became ceo and chairman, we have had a turnover of 6 of our 14 directors. roy happens to be retiring this may, so we'll have 7 of 14 directors turn over in that three-year period. so, i think dan's interest and ours are greatly aligned. >> in the money you're having all your guys manage, would you strongly urge them to just lighten up on bonds, and go big in the stock market? >> i'm bullish on the market. i mean, but i've been bullish, joe, for about four or five months. >> four or five months. okay. 12, 13 years? >> no, no, no, the last four or five months. >> is it really bullish? new all-time highs? >> i think we can still move higher from here. let's look at the big macro. u.s. economy is recovering. the u.s. consumer has delevered, has got more confidence in the system. we're past the election. the u.s. economy is recovering. t
and i think we're doing a lot of the things that -- the reason dan has come in the stock to the best of my knowledge is he believes the company is on turnaround and he was excited about it. we have -- our board since i joined the board three years ago and became ceo and chairman, we have had a turnover of 6 of our 14 directors. roy happens to be retiring this may, so we'll have 7 of 14 directors turn over in that three-year period. so, i think dan's interest and ours are greatly aligned....